The start of 2025 saw several new appointments in the financial sector, with various global institutions announcing executive hires and departures.Here, we highlight five of the top movers and shakers stories in January, featuring Fiserv, DailyPay, Coventry Building Society, and more.Fiserv names PNC exec Michael Lyons as president and CEO-electMichael P. Lyons, president and CEO-elect, Fiserv (Image: LinkedIn)US fintech heavyweight Fiserv has named PNC exec Michael P. Lyons as president and CEO-elect, effective 27 January 2025.Lyons is to succeed current Fiserv CEO Frank Bisignano, who US President Donald Trump has appointed as the commissioner of the Social Security Administration.Bisignano will remain CEO and chairman of Fiserv until 30 June, or potentially earlier depending on his US Senate confirmation, with Lyons reporting to him during the transition period.The outgoing CEO is credited with orchestrating the merger of Fiserv and First Data Corp in 2019. He served as COO of the combined entity before being elevated to CEO in July 2020.Read more hereR&T Deposit Solutions appoints Susan Cosgrove as new CEOR&T Deposit Solutions (R&T), a New York-based provider of deposit and lending solutions, has named Susan Cosgrove its new chair and CEO, effective 16 January.Cosgrove takes the company reigns from Joe Jerkovich, who announced his retirement earlier this month after leading the company since January 2022. Jerkovich will continue as a strategic advisor to Cosgrove.The incoming CEO brings extensive knowledge of R&T, having acted as the firm’s executive chairman for the past year.During her tenure, she is credited with contributing to the company’s transformation, which has included “enhancing operational resiliency, investing in digital capabilities and services, and putting in place an executive leadership team with deep expertise and complementary skills”, according to an R&T statement.Read more hereDoubleCheck Solutions names fintech veteran Ashwin Rangan as new CEODoubleCheck’s new CEO, Ashwin Rangan (Image: LinkedIn)US-based fintech DoubleCheck Solutions has appointed industry veteran Ashwin Rangan as its new CEO, effective immediately.Rangan succeeds co-CEOs Joel Schwartz and Bill Amelio – Schwartz will transition to the chief innovation officer (CIO) position, while Amelio will remain on the DoubleCheck advisory board.The incoming CEO brings nearly 40 years of experience in “innovation, artificial intelligence, and scaling businesses”, says DoubleCheck.Previously, Rangan held the roles of chief innovation and information officer (CIIO) and SVP of engineering at the Internet Corporation for Assigned Names and Numbers (ICANN).Read more hereFormer Uber CFO Nelson Chai joins DailyPay board as executive chairDailyPay, a US-based provider of on-demand pay solutions for corporates, has hired former Uber CFO Nelson Chai as its new executive chair.In a statement, the paytech says Chai will “provide strate
Gio. Gen 30th, 2025
